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Private Two-Family Duplex
New
For Sale
$1,900,000

115 Parade Hill Road, New Canaan, CT 06840

Multi-Family For Sale, New Canaan, CT

Property Size3,003 SF
Lot Size0.29 Acres
Price / SF$632.70
Days on Market2

Property Features for 115 Parade Hill Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning BRES
Bedrooms 5
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 4, Basement, Bathroom 5, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 3
Parking 5
Fireplace 1
Basement Partial, Full
Lot features Treed
Elementary school South
High school New Canaan
Directions GPS
Standard status Active
Size 3,003 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2027
Tax Annual Amount 13605

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating)
Cooling system Central Air
Water source Public

Amenities

central air
hardwood floors
fireplace
skylights
exposed brick
private deck
private patio
in-unit laundry
finished walk-out lower level
family room
bonus space
garage

Building Details

Year built 1963
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Vi Iaropoli
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 8:06AM
MLS# 24205495

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,003-square-foot duplex, built in 1963, is arranged as two back-to-back residences with separate utilities, parking, outdoor areas, and garage access. The property includes central air, hot-water heating, public water and public sewer, plus a new roof. Unit A has a private deck, updated kitchen with granite counters and stainless appliances, hardwood flooring, a fireplace, three bedrooms, three full baths, and a finished walk-out lower level with a family room, bonus area, full bath, and private entrance. Unit B provides two bedrooms, 1.5 updated baths, in-unit laundry, an updated kitchen, open dining area, oversized living room, private patio, and access to the large backyard.

The property occupies 0.29 acres at 115 Parade Hill Road in New Canaan, near the train, shops, and restaurants. BRES zoning, central air, and separate utility arrangements support the property's two-residence layout. A fireplace, public utilities, and individual outdoor spaces add to the functional separation between the units.

Key Highlights

  • 3,003 square feet on 0.29 acres
  • Back‑to‑back two‑family layout with separate utilities and outdoor areas
  • Unit A includes 3 bedrooms, 3 full baths, a finished walk‑out lower level, deck, and terrace

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Daycare Center Locksmith (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby

Demographics for 06840, CT

20,612
Population
7,668
Households
2.7
Avg Household Size
42
Median Age
83%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
928
Density / Sq Mi
$250,001
Median Household Income
$106,456
Median Earnings
$3,501
Median Rent
$1,534,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Back-to-back residences offer separate outdoor areas, parking, utilities, and garage access in a two-family configuration.
Where is this duplex located?
The property is located at 115 Parade Hill Road New Canaan, CT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 3,003 square feet on 0.29 acres; Back‑to‑back two‑family layout with separate utilities and outdoor areas; Unit A includes 3 bedrooms, 3 full baths, a finished walk‑out lower level, deck, and terrace
More about this property
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